Market revenue in 2023 | USD 13,080.0 million |
Market revenue in 2030 | USD 29,380.1 million |
Growth rate | 12.3% (CAGR from 2023 to 2030) |
Largest segment | Sports betting |
Fastest growing segment | Sports Betting |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Sports Betting, Casinos, Poker, Bingo |
Key market players worldwide | Evoke Pharma Inc, Betsson AB Class B, Entain PLC, Flutter Entertainment PLC, Churchill Downs Inc, Kindred Group PLC SEDR, Sportech PLC |
Sports betting was the largest segment with a revenue share of 49.75% in 2023. Horizon Databook has segmented the North America online gambling market based on sports betting, casinos, poker, bingo covering the revenue growth of each sub-segment from 2018 to 2030.
The North American online gambling market is a rapidly growing industry with high potential for further growth. The market is heavily regulated, and companies operating in North American online gambling are subject to various laws and regulations.
These include age regulations, licensing requirements, responsible gambling measures, and anti-money laundering regulations.
As a result, companies operating in the industry need to ensure that they comply with these regulations to avoid legal and reputational risks, along with this, companies are actively expanding their operations in the region by doing partnerships, acquisitions, and mergers to increase their market share.
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